The Trump administration announced a 20% tariff on lumber imported from Canada, to be applied retroactively. The trade agreement that governed imports of Canadian lumber expired at the end of 2016, and prices have been on the rise since then.

Panera Bread Co. agreed last week to a blockbuster takeover by European coffee and food giant JAB Holdings, but rumour has it that 3G Capital, a Brazil-based private equity firm that’s backed by Warren Buffett, may be prepping a bid as well.